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Wuxi Double Elephant Micro Fibre Material Co (002395) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 3.6B CNY

WD Wuxi Double Elephant Micro Fibre Material Co 002395 · SHE
Price¥12.28
Fair Value¥12.81
Upside+4.3%
Quality65/100
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Healthy Growth
Thin margins · 6.3% net margin
Low debt · generates free cash flow
1.50% dividend yield
Mixed vs. peers (7/14)
Narrow moat 39/100
Evidence: High Range ¥9.61 – ¥16.25 Share as image

Fair value as of: Jul 22, 2026

From 26 valuation models · updated 19 days ago

Share price −2.8% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from ¥9.61 (bear) to ¥16.25 (bull), base ¥12.81. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 65/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

¥22.74 ¥6.90 Fair Value ¥12.81 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range ¥6.90 – ¥22.74 · fair‑value band ¥9.61 – ¥16.25 · the ¥12.28 price screens below the ¥12.81 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

Wuxi Double Elephant Micro Fibre Material Co (002395) currently trades at ¥12.28, while our model-based Fair Value estimate is ¥12.81, implying the stock looks roughly 4.3% fairly valued today. The Quality Score stands at 65/100 (solid quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Wuxi Double Elephant Micro Fibre Material Co generated revenue of 2.6B CNY at a net margin of 6.3%. Revenue grew 4.9% year over year. It earns a return on equity of 11.0%. The balance sheet holds a net cash position of 156M CNY. Fundamentals as of Jul 22, 2026

Our scenario range runs from ¥9.61 (bear case) to ¥16.25 (bull case); at ¥12.28, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 42% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 0% fair-value upside, at 4%, 002395 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF ¥10.55 ¥16.70 ¥26.51 80
Residual Income ¥5.34 ¥6.56 ¥15.17 76
Rev-Margin DCF ¥9.68 ¥15.39 ¥22.71 74
All 26 models by family
DCF Models
FCF DCF ¥10.62 ¥17.37 ¥28.52 38
Owner Earnings ¥14.96 ¥24.94 ¥41.45 31
5Y Revenue Exit ¥9.68 ¥15.51 ¥23.36 39
5Y EBITDA Exit ¥10.30 ¥16.79 ¥24.83 41
5Y P/E Exit ¥10.47 ¥17.13 ¥24.67 38
10Y Revenue Exit ¥9.67 ¥15.23 ¥23.59 36
10Y EBITDA Exit ¥10.33 ¥16.13 ¥24.78 37
10Y P/E Exit ¥10.44 ¥16.38 ¥24.65 35
Earnings-Based
Graham-Dodd ¥5.12 ¥23.12 ¥31.69 54
Lynch FV ¥6.03 ¥8.62 ¥11.20 50
PEG = 1.0 ¥6.03 ¥8.62 ¥11.20 46
EPV ¥7.88 ¥8.87 ¥9.73 59
Dividend Discount
Gordon GGM ¥1.38 ¥2.74 ¥4.16 70
DDM Multi-Stage ¥1.38 ¥2.37 ¥2.90 61
Multiples
P/E Multiple ¥9.61 ¥12.81 ¥16.01 63
P/S Multiple ¥9.61 ¥12.81 ¥16.01 58
P/B Multiple ¥9.61 ¥12.81 ¥16.01 55
EV/EBIT ¥10.53 ¥13.52 ¥16.50 53
EV/EBITDA ¥10.92 ¥14.03 ¥17.14 54
EV/Revenue ¥9.34 ¥12.66 ¥15.99 43
Asset-Based
NCAV (Graham) ¥2.84 ¥3.80 ¥5.68 50
Growth DCF
Growth DCF ¥10.55 ¥16.70 ¥26.51 80
Rev-Margin DCF ¥9.68 ¥15.39 ¥22.71 74
Economic Profit
Residual Income ¥5.34 ¥6.56 ¥15.17 76
ROIC Compounder ¥8.60 ¥10.92 ¥13.96 72
Growth Earnings
Growth-Adj P/E ¥8.75 ¥12.50 ¥16.25 68

Widest divergence: DCF Models (¥16.38) versus Dividend Discount (¥2.37). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 2.6B CNY
Revenue growth (YoY) +4.9%
Net margin 6.3%
Return on equity 11.0%
Free cash flow 200M CNY FY2025
P/E ratio 22.1
More key figures
Operating margin 5.2%
EPS (TTM) ¥0.6100
Dividend yield 1.5%
EPS growth (YoY) -55.6%
Net cash 156M CNY FY2024

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 65/100

Of which business quality 66 · Market factors (momentum, volatility) 23

Profitability 51
Margins and returns on capital today
Quality Growth 62
Are margins and returns improving?
Cashflow 54
Earnings quality: real cash, not paper profit
Fin. Strength 91
Balance sheet, leverage, solvency risk
Investment 57
Disciplined investing over empire-building
Low Volatility 73
Calm price path (market factor)
Momentum 4
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Wuxi Double Elephant Micro Fibre Material Co.,Ltd manufactures and sells artificial and synthetic leather products in the People's Republic of China and internationally. It operates through Microfiber and PU; and PMMA and sheet segments.

Full company description

Wuxi Double Elephant Micro Fibre Material Co.,Ltd manufactures and sells artificial and synthetic leather products in the People's Republic of China and internationally. It operates through Microfiber and PU; and PMMA and sheet segments. The company offers microfiber leather products, such as bio-based microfiber leather, GRS microfiber leather, waterborne/solvent-free microfiber leather, microfiber luggage leather, ultra fiber automotive seat leather, microfiber shoe leather, ball and sports equipment leather, ultra fiber sofa leather, and ultra fiber suede/BASE products. The company also provides PU synthetic leather products, including waterborne/solvent-free, ball leather, luggage leather, and furniture leather products. Its products are used in automotive interior decoration, sofas and furniture, bags and handbags, functional footwear materials, sporting goods, apparel, electronic packaging, interior decoration, and other fields. Wuxi Double Elephant Micro Fibre Material Co.,Ltd was founded in 2002 and is headquartered in Wuxi, the People's Republic of China. Wuxi Double Elephant Micro Fibre Material Co.,Ltd operates as a subsidiary of Jiangsu Shuangxiang Group.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Wuxi Double Elephant Micro Fibre Material Co reported revenue of ¥2.6B in FY2025 versus ¥1.5B in FY2021, a compound +15.0%/yr. Reported net income was ¥202M in FY2025, compounding +41.4%/yr from FY2021.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
2.6B CNY
Latest YoY
+12.5%
Avg. growth/yr (3Y)
+22.7%
Avg. growth/yr (5Y)
+13.9%
Avg. growth/yr (19Y)
+11.5%
Revenue +15.0%/yr
FY21 ¥1.5B
FY22 ¥1.4B
FY23 ¥1.5B
FY24 ¥2.3B
FY25 ¥2.6B
Net income +41.4%/yr
FY21 ¥50.5M
FY22 −¥45.5M
FY23 ¥55.2M
FY24 ¥472M
FY25 ¥202M

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Cite: Fair Value Calculator (2026). "Wuxi Double Elephant Micro Fibre Material Co Fair Value". https://www.fairvalue-calculator.com/stock/002395

Peer Group

Footwear & Accessories · 94 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 65 · Top 25%
Fair Value upside +4% · Above median
Return on equity (TTM) 11% · Above median
Return on assets 4% · Above median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 5% · Below median
Revenue growth 5% · Above median
Dividend yield (TTM) 1.5% · Below median
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Footwear & Accessories median · lower = cheaper

P/E (TTM) 22.1× · Pricier than median
P/B 2.38× · Pricier than median
P/S (TTM) 1.39× · Pricier than 75% of peers
P/FCF 2.7× · Pricier than median
EV/EBITDA 12.2× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 39 · sector 4
FUTURE 25 · sector 0
PAST 44 · sector 23
HEALTH 99 · sector 97
DIVIDEND 30 · sector 41

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Footwear & Accessories stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
NIKE, Inc NKE $44.37 $35.63 -20%
adidas AG 1ADS €165.00 €65.71 -60%
Deckers Outdoor Corporation DECK $106.49 $125.16 +18%
On Holding ONON $38.20 $17.64 -54%
Zhejiang China Commodities City Group 600415 ¥12.11 ¥13.03 +8%
Birkenstock Holding BIRK $44.36 $44.14 -0%
Crocs, Inc CROX $138.91 $203.65 +47%
Huali Industrial Group 300979 ¥31.10 ¥54.71 +76%
PUMA SE PUM €29.31 €10.57 -64%
Steven Madden, Ltd SHOO $43.26 $11.69 -73%

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Frequently asked questions

Is Wuxi Double Elephant Micro Fibre Material Co (002395) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of ¥12.81 versus a price of ¥12.28, about +4% (fairly valued).
What is the fair value of 002395?
Our model-based fair value for Wuxi Double Elephant Micro Fibre Material Co is ¥12.81 (as of Jul 22, 2026), built from audited fundamentals. The current price is ¥12.28.
What is the quality score of 002395?
Wuxi Double Elephant Micro Fibre Material Co has a Quality Score of 65/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Wuxi Double Elephant Micro Fibre Material Co (002395)?
Wuxi Double Elephant Micro Fibre Material Co reported trailing-twelve-month revenue of about 2.6B CNY (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 002395?
The net profit margin of Wuxi Double Elephant Micro Fibre Material Co is about 6.3%, meaning it keeps roughly 6.3% of revenue as net income. Based on the latest reported figures.
Does Wuxi Double Elephant Micro Fibre Material Co pay a dividend?
Wuxi Double Elephant Micro Fibre Material Co currently shows a dividend yield of about 1.50% relative to its recent price (as of Jul 22, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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